Jordan Times
Wednesday, June 20, 2007

King, Kuwaiti crown prince discuss Mideast issues, bilateral relations

AMMAN (Petra) — King Abdullah on Tuesday called for lifting international sanctions on the Palestinians, at talks with visiting Kuwaiti Crown Prince Sheikh Nawaf Al Ahmad Al Jaber Al Sabah.

During a meeting with Sheikh Nawaf, who arrived here on a two-day official visit, the King stressed the need to facilitate the flow of humanitarian assistance to the Gaza Strip.

The Monarch and the crown prince discussed the developments in the Palestinian territories and their impact on the efforts to achieve a just and comprehensive peace settlement to the Middle East core conflict.

The two leaders reiterated that the Arab Peace Initiative provide a suitable launchpad for reviving the peace process, leading to a just solution to the Palestinian problem.

The talks also covered the situations in Lebanon and Iraq.

On bilateral relations, King Abdullah and Sheikh Nawaf said they were keen to enhance joint cooperation, particularly in economic fields.

The King said Jordan appreciates Kuwait’s continued assistance to the country’s development projects.

Kuwaiti investments in Jordan’s telecommunications, banking, real estate and other sectors stand at more than $6 billion.

The Kuwait Jordan Holding Company, which was launched in 2004 during a visit by King Abdullah to Kuwait, with a capital totalling $122 million, announced recently that it was conducting studies to establish a tourist resort and a commercial centre at the Dead Sea at a cost reaching up to $200 million.

The company, the largest Kuwaiti investor group in the country so far, will also build a $230 million cement factory and a slaughterhouse at an estimated cost of $30 million.


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